Twist CFO sells 2,399 shares to cover taxes
Twist Bioscience Corp Chief Financial Officer Adam Laponis reported an open-market sale of 2,399 shares of common stock on July 9, 2026 at $94.334 per share.
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Rhea-AI Filing Summary
Twist Bioscience Corp Chief Financial Officer Adam Laponis reported an open-market sale of 2,399 shares of common stock on July 9, 2026 at $94.334 per share. According to the disclosure, the sale was required to cover tax withholding obligations arising from the vesting of Restricted Stock Units under the company’s equity incentive plans and did not represent a discretionary trade. After this transaction, Laponis directly holds 110,276 shares of Twist Bioscience common stock.
Filing Explained
The CFO’s completed tax-withholding sale reduced his disclosed direct holding to 110,276 Twist Bioscience shares.
The
Form 4 reports an insider transaction, and the filing uses code S, which identifies an open-market sale under the supplied code definition.
The filing states that 2,399 shares were sold at
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,399 | $94.334 | $226K |
Footnotes (1)
- F1. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
Key Figures
Key Terms
sell to cover financial
Restricted Stock Units financial
equity incentive plans financial
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